Vimta Labs....Will it be a next multibagger?

Hi,

I recently have entered into Vimta Labs at an average price of 88 Rs.

About the company:

Vimta Labs is India’s leading contract research and testing organization. Established in 1984 VIMTA has an envious track record of serving several market leaders across the globe.

VIMTA is a team of 802 professionals comprising 468 scientists in various disciplines such as Chemistry, Pharma, Medicine, Microbiology, Molecular biology and Informatics. The team is slated to double in next three years.

VIMTA is a multi-site organization with more than 300,000 sq.ft. of world-class laboratory facilities.

The technologies deployed at VIMTA are current and leading edge, duly validated.

 

Results declared so far for the current 9 months are not encouraging .